The Radcliffe Central Bankers Available to Purchase

This article analyses documents before the Radcliffe Committee on the Working of the Monetary System. The proceedings of the Radcliffe Committee are recognised as providing a watershed in the history of monetary thought, particularly as pertains to the propositions of post‐Keynesian monetary economics. These propositions, recently detailed in two books (Rousseas, 1968; Moore, 1987), can be summarised as follows: